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Hong Kong helps relieve yuan pressures as mainland China grapples with capital outflows

With yuan capital outflows at their highest in years, transfers from Hong Kong to mainland China appear to have done much to keep the currency from depreciating at much higher rates.


  • Jun 26 2024
  • 54
  • 12138 Views
Hong Kong helps relieve yuan pressures as mainland China grapples with capital outflows
Hong Kong helps relieve yuan pressures as mainland China grapples with capital outflows
With yuan capital outflows at their highest in years, transfers from Hong Kong to mainland China appear to have done much to keep the currency from depreciating at much higher rates.

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